Marsh, a global leader in insurance broking and risk management, teams with its clients to define, design, and deliver innovative industry-specific solutions that help them protect their future and thrive. It has approximately 25,000 colleagues who collaborate to provide advice and transactional capabilities to clients in over 100 countries. Marsh is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global team of professional services companies offering clients advice and solutions in the areas of risk, strategy and human capital.
Between February 2010 and March 2011, the world was hit by four of the five most expensive insured earthquakes in history. This paper explores three of the earthquakes, drawing on the experiences of Marsh and our clients, to share lessons on insurance claims arising from catastrophic events.
The recent factory collapse in Bangladesh that killed more than 1,100 people highlights the serious risks that labour conditions can pose to workers and organisations. This report provides an overview of the wide range of risks retailers face and risk mitigation advice when sourcing textile goods.